I would first of all like to thank you for your well argued posts. Secondly, I disagree about your squad being good enough for 8th to 13th. Yak is a very good striker and Hoillett looks a player. But in my honest opinion you have too many poor players to survive. To put it in layman terms, there is not enough, average, experienced players at the club. I think you have everything in place to bounce back, however i feel for this to be done, the fans must back the owners, and if hes still in charge, Steve Keen.
In 2010 we finished 10th, in 2011 we where 13th when Big Sam was sacked.
In 2011 we brought in Mauro Formica, Rubén Rochina and a couple of others that never made a difference.
We sold Steven Reid, and again a few others who where never in the first team.
Before the start of the 2012 season
we brought in Yakubu Aiyegbeni, Scott Dann and again a few others
We sold Phil Jones, El Hadji Diouf, Nikola Kalinić.
Now to me, the squad at the start of the 2012 season was better than the one that finished 10th in 2010. The only real huge loss of a player was Phil Jones, and in 2010 he was still a youngster with only 10 starts.
So Steve Kean took a proven Permiership squad, that had finished 10th and just about survived, and then got us relagated.
Right now I do aggree with you, that the current squad is not good enough, but don't forgot that at the start of the season we had many more proven Permiership players, Kean let most of them go for nothing.